STRONGSVILLE, Ohio – EQT Exeter, a Pennsylvania-based global real estate investment manager, has acquired the Gateway Commerce Center in Streetsboro, Ohio, for $40.2 million.
JLL represented the seller of the 434,000-square-foot Class A industrial property at 10242 State Route 43, which was a joint venture between Westminster Capital in Lake Forest, Illinois, and Geis Cos. in Streetsboro.
Delivered in 2022 as a speculative build, Gateway Commerce Center is 100% leased to FNS Inc., the California-based third-party logistics company specializing in ocean freight, trucking, air freight, warehousing, customs clearance and logistics consulting, JLL said in a statement.
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